Chip Makers Set to Boost Outlays
In Anticipation of a Recovery

By

Yun Hee Kim Dow Jones Newswires

Updated Dec. 16, 2003 12:01 a.m. ET

SEOUL, South Korea -- Producers of dynamic-random-access memory chips are gearing up to increase spending on technology and capacity next year as they anticipate a recovery in demand for personal computers and surging demand for products that require flash-memory chips.

Much of the spending will go toward the expansion of plants that produce 12-inch wafers or upgrades to utilize a finer processing technology, said Nam Kim, an analyst...